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    CPF minimum sum to be revised upwards to S$131,000

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    • O
      Oppsgal
      last edited by

      kwokwc:


      I think the other good job to look into is becoming a tutor. Saw from another thread, a good tutor can earn over 10K for 1 classX2hour per week. And becoming a tutor, consider self-employed, so up the person to declare (of course, must declare a logical amount before IRAS charge for tax-evasion) and just pay medisave, no ordinary CPF, so can control the money one earns too. šŸ˜‰
      not sure on this... how many tutor earn that?

      Class as in teaching a whole class in university school or what?

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      • W
        WeiHan
        last edited by

        Can someone entertain me abit?


        Since everybody here use CPF money to buy a house and because of that I assume not much money will be left in the account. Then why still have to worry about what is the minimum sum?

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        • 3
          30plus
          last edited by

          minimum sum affects:


          1. how much CPF money you can use to buy second property

          2. how much cash you can draw out when reach 55 years (hopefully the age will not change)

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          • V
            verykiasu2010
            last edited by

            WeiHan:
            Can someone entertain me abit?


            Since everybody here use CPF money to buy a house and because of that I assume not much money will be left in the account. Then why still have to worry about what is the minimum sum?
            because later when we want to cash out to downgrade still got a lump sum stuck in CPF and cannot take out mah .....wait want to buy coffin oso no money ....

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            • P
              pinky
              last edited by

              verykiasu2010:
              WeiHan:

              Can someone entertain me abit?


              Since everybody here use CPF money to buy a house and because of that I assume not much money will be left in the account. Then why still have to worry about what is the minimum sum?

              because later when we want to cash out to downgrade still got a lump sum stuck in CPF and cannot take out mah .....wait want to buy coffin oso no money ....

              also scared the old men's CPF will be cheated by PRC/viet whatever meimei lor :roll:

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              • E
                Edureach
                last edited by

                pinky:
                verykiasu2010:

                [quote=\"WeiHan\"]Can someone entertain me abit?


                Since everybody here use CPF money to buy a house and because of that I assume not much money will be left in the account. Then why still have to worry about what is the minimum sum?

                because later when we want to cash out to downgrade still got a lump sum stuck in CPF and cannot take out mah .....wait want to buy coffin oso no money ....

                also scared the old men's CPF will be cheated by PRC/viet whatever meimei lor :roll:[/quote]
                That's why wisdom doesn't just come automatically with advance age.

                Best we all must learn to differentiate btw a fling and a wife. Wife comes first lah, pandai pandai.

                All these axctivities taste like nectar in the beginning and later like poison at the end.

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                • W
                  WeiHan
                  last edited by

                  pinky:
                  verykiasu2010:

                  [quote=\"WeiHan\"]Can someone entertain me abit?


                  Since everybody here use CPF money to buy a house and because of that I assume not much money will be left in the account. Then why still have to worry about what is the minimum sum?

                  because later when we want to cash out to downgrade still got a lump sum stuck in CPF and cannot take out mah .....wait want to buy coffin oso no money ....

                  also scared the old men's CPF will be cheated by PRC/viet whatever meimei lor :roll:[/quote]Just because a few do not know how to plan their money properly, all of us have to suffer the disadvantage of our money locked up.

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                  • W
                    wapobs
                    last edited by

                    pinky:
                    ...

                    also scared the old men's CPF will be cheated by PRC/viet whatever meimei lor :roll:
                    where else to spend the money? :evil: :evil: :evil: :rotflmao:

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                    • W
                      WeiHan
                      last edited by

                      wapobs:
                      pinky:

                      ...

                      also scared the old men's CPF will be cheated by PRC/viet whatever meimei lor :roll:

                      where else to spend the money? :evil: :evil: :evil: :rotflmao:

                      Is really not worth it. The old men also cannot \"function\" properly already. How to enjoy? and got cheated the money some more.

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                      • W
                        wapobs
                        last edited by

                        WeiHan:
                        wapobs:

                        [quote=\"pinky\"]...

                        also scared the old men's CPF will be cheated by PRC/viet whatever meimei lor :roll:

                        where else to spend the money? :evil: :evil: :evil: :rotflmao:

                        Is really not worth it. The old men also cannot \"function\" properly already. How to enjoy? and got cheated the money some more.[/quote]relax my friend, relak! :rotflmao: :rotflmao: :rotflmao:

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